VECO +10% earnings play HOT, HOT, HOT.. after playing this 2 sessions (to downside) and stalking it all week, a straddle call /put after pulling in profits on the short side and locking in on our put/short position, we were ready for the long side (the reverse of how we played CELL)
ALERT was given 1:28 p.m. for VECO (moved with our TOL and AKAM)
AKAM is huge! RETAILERS BREAKING OUT FURTHER with the BUILDERS in hot pursuit.
COH, WMT, CAKE continue to show upside. CAKE is huge PSUN is strong.. and GPS even with the gap up is taking out the consolidation of the 20 ma TO UPSIDE FOR HIGHER HIGHS so at this point I'd say HOT SECTORS FOR US ARE RETAIL and builders.
ALERT ON VECO BREAKOUT (earnings tomorrow) Suggesting the February 30 calls QVCBF around $0.60 Some February 25 puts for a insurance at only $0.45 is a small price to pay.
Nasdaq futures (also the S&P futures) broke overhead resistance nicely.